Lennox International (LII) Tops Q3 Earnings and Revenue Estimates

Company Performance - Lennox International (LII) reported quarterly earnings of $6.68 per share, exceeding the Zacks Consensus Estimate of $5.95 per share, and up from $5.37 per share a year ago, representing an earnings surprise of 12.27% [1] - The company achieved revenues of $1.5 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 6.16%, compared to $1.37 billion in the same quarter last year [1] - Over the last four quarters, Lennox has consistently surpassed consensus EPS estimates four times and revenue estimates two times [1] Stock Performance - Lennox shares have increased by approximately 32.8% since the beginning of the year, outperforming the S&P 500's gain of 22.7% [2] - The current consensus EPS estimate for the upcoming quarter is $4.13 on revenues of $1.2 billion, and for the current fiscal year, it is $20.38 on revenues of $5.11 billion [4] Industry Outlook - The Building Products - Air Conditioner and Heating industry, to which Lennox belongs, is currently ranked in the bottom 31% of over 250 Zacks industries, indicating potential challenges ahead [5] - Another company in the same industry, Aaon (AAON), is expected to report quarterly earnings of $0.58 per share, reflecting a year-over-year decline of 9.4%, with a revenue expectation of $317.46 million, up 1.8% from the previous year [5]